The latest Agricultural Price Indices from the Central Statistics Office shows there have been significant price changes on both the input and output sides of agriculture in Ireland in the last 12 months.

The CSO said the agricultural output price index increased by 2.6% in September compared to August, while the agricultural input price index increased by 1.4% over the same time.

On an annual basis, the agricultural input price index increased by 11.9% in September compared with the same month last year, while the agricultural output price index increased by 11.6%.

The CSO said that fertiliser and energy prices have seen the most significant change with a 31.3% and 22.2% annual increase respectively.

On the output side, there have been annual increases in cattle (16%) and sheep (15.3%) while milk prices are also up on the year at 15.8%.